Are you prepared to put your money in the banks if they pay you no interest or even charge you a small fee for taking care of your deposits? In the US, Treasury bills are now sold at zero interest and there's great demand for them. People there are now willing to sacrifice interest income for safety of their money.
"And when investors traded their T-bills with each other, the yield sometimes went negative. That's how extreme the market anxiety is: Some are willing to give up a little of their money just to park it in a relatively safe place." Yes. that's what is reported in the New York (AP).
Here, in Malaysia, we are still getting not less than 3% p.a. for our fixed deposits. And the grand thing is that these deposits are guaranteed by our government. In our stock market, many worthwhile investing counters are now at realistic levels yielding more than 5% returns. It is not difficult to find out what these counters are. At JupiterOnLine, the price earnings ratio for each counter is shown in the trading screen. What should be of concern to you is whether the earnings can be sustained and dividend payments maintained. For you to figure these out, you need to take into consideration the core business of the company and the integrity & skill of the management. Pay extra concern to plantation companies. The high earnings for the previous quarters will definitely not be repeated going forward as the price of palm oil has gone down substantially. Steel counters are in the same boat.
Interest rate will soften; the price of real estates will soften as well. Inflation will moderate and consumer goods will become less expensive. Take care of your money and they will take care of you.
Cheers and good luck.
马 到 功 成. Success is when the horses come. Success goes only to those who dare and act, it seldom goes to the timid. The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.
Wednesday, December 10, 2008
Tuesday, December 09, 2008
By 2012, America will become the first undeveloped country
Gerald Celente Predicts Tax Revolution,Riots,Rebellion - Emuforums.com
"Gerald Celente, the CEO of Trends Research Institute, is renowned for his accuracy in predicting future world and economic events, which will send a chill down your spine considering what he told Fox News this week."
He claims by 2012 America will become the first "undeveloped country"....
Christmas will finally mean putting food on your table...
SAVE YOUR AMMO/SEEDS/YEAST/FLOUR/HEAD/
here is the video
YouTube - Fox Business: Gerald Celente Predicts Revolution 11/10/08
these are testimonies for his accuracy from many networks
"When CNN wants to know about the Top Trends, we ask Gerald Celente."
— CNN Headline News
"A network of 25 experts whose range of specialties would rival many university faculties."
— The Economist
"Gerald Celente has a knack for getting the zeitgeist right."
— USA Today
"There’s not a better trend forecaster than Gerald Celente. The man knows what he’s talking about."
- CNBC
"Those who take their predictions seriously ... consider the Trends Research Institute."
— The Wall Street Journal
"Gerald Celente is always ahead of the curve on trends and uncannily on the mark ... he's one of the most accurate forecasters around."
— The Atlanta Journal-Constitution
"Mr. Celente tracks the world’s social, economic and business trends for corporate clients."
— The New York Times
"Mr. Celente is a very intelligent guy. We are able to learn about trends from an authority."
— 48 Hours, CBS News
"Gerald Celente has a solid track record. He has predicted everything from the 1987 stock market crash and the demise of the Soviet Union to green marketing and corporate downsizing."
— The Detroit News
"Gerald Celente forecast the 1987 stock market crash, ‘green marketing,’ and the boom in gourmet coffees."
— Chicago Tribune
"The Trends Research Institute is the Standard and Poors of Popular Culture."
— The Los Angeles Times
"If Nostradamus were alive today, he'd have a hard time keeping up with Gerald Celente."
— New York Post
AND NOW HES PREDICTING REVOLUTION. The least worst thing you all could do is stay aware, not panic and stay close with your families as we pull together.
Has anybody saw this in there heads? i know i have and its mindblowing knowing we are actually going to be pushed that much more then the great depression. i gtg though stay safe everybody and i hope there can be some discussion on this.
"Gerald Celente, the CEO of Trends Research Institute, is renowned for his accuracy in predicting future world and economic events, which will send a chill down your spine considering what he told Fox News this week."
He claims by 2012 America will become the first "undeveloped country"....
Christmas will finally mean putting food on your table...
SAVE YOUR AMMO/SEEDS/YEAST/FLOUR/HEAD/
here is the video
YouTube - Fox Business: Gerald Celente Predicts Revolution 11/10/08
these are testimonies for his accuracy from many networks
"When CNN wants to know about the Top Trends, we ask Gerald Celente."
— CNN Headline News
"A network of 25 experts whose range of specialties would rival many university faculties."
— The Economist
"Gerald Celente has a knack for getting the zeitgeist right."
— USA Today
"There’s not a better trend forecaster than Gerald Celente. The man knows what he’s talking about."
- CNBC
"Those who take their predictions seriously ... consider the Trends Research Institute."
— The Wall Street Journal
"Gerald Celente is always ahead of the curve on trends and uncannily on the mark ... he's one of the most accurate forecasters around."
— The Atlanta Journal-Constitution
"Mr. Celente tracks the world’s social, economic and business trends for corporate clients."
— The New York Times
"Mr. Celente is a very intelligent guy. We are able to learn about trends from an authority."
— 48 Hours, CBS News
"Gerald Celente has a solid track record. He has predicted everything from the 1987 stock market crash and the demise of the Soviet Union to green marketing and corporate downsizing."
— The Detroit News
"Gerald Celente forecast the 1987 stock market crash, ‘green marketing,’ and the boom in gourmet coffees."
— Chicago Tribune
"The Trends Research Institute is the Standard and Poors of Popular Culture."
— The Los Angeles Times
"If Nostradamus were alive today, he'd have a hard time keeping up with Gerald Celente."
— New York Post
AND NOW HES PREDICTING REVOLUTION. The least worst thing you all could do is stay aware, not panic and stay close with your families as we pull together.
Has anybody saw this in there heads? i know i have and its mindblowing knowing we are actually going to be pushed that much more then the great depression. i gtg though stay safe everybody and i hope there can be some discussion on this.
Monday, December 08, 2008
One for your portfolio
"YTL Cement Berhad achieved a 30.9% increase in net profit to RM157.9 million (US$48.6 mil) for the 9 months ended 31 March 2008, compared to RM120.6 million (US$37.1 mil) for the previous corresponding 9 months ended 31 March 2007.
Revenue grew 21.4% to RM1,012.4 million (US$311.5 mil) this year, compared to RM833.8 million (US$256.6 mil) last year. The growth in revenue and profit arose mainly from higher demand for cement in the construction industry, improved operational efficiencies and better selling prices during the period."
One way to gain exposure to the Chinese market is to buy shares in YTL Cement. The company has announced an interim dividend of 5 sen of which 3 sen are tax free. For entitlement of the dividend you must buy before 31.12.08. If you trust my judgement, adopt a buy-and-hold strategy for this counter. The more you buy, the more you will pick up in the years ahead.
YTL Cement closed at RM2.30 last Friday.
One thing to remember is that in the stock market, there is no such thing as a certainty. You always buy at your own risk.
Cheers! and good luck.
Revenue grew 21.4% to RM1,012.4 million (US$311.5 mil) this year, compared to RM833.8 million (US$256.6 mil) last year. The growth in revenue and profit arose mainly from higher demand for cement in the construction industry, improved operational efficiencies and better selling prices during the period."
One way to gain exposure to the Chinese market is to buy shares in YTL Cement. The company has announced an interim dividend of 5 sen of which 3 sen are tax free. For entitlement of the dividend you must buy before 31.12.08. If you trust my judgement, adopt a buy-and-hold strategy for this counter. The more you buy, the more you will pick up in the years ahead.
YTL Cement closed at RM2.30 last Friday.
One thing to remember is that in the stock market, there is no such thing as a certainty. You always buy at your own risk.
Cheers! and good luck.
American Depression and Recession
According to Anthony Karydatis, a US economist, the Great Depression of 1929 lasted 43 months from August 1929 to March 1933. Gross domestic product contracted by 28% between 1930 and 1932. Unemployment rate surged to 25%.
In the 1973 to 1975 recession, the unemployment rate went up to 9%. This recession lasted 16 months.
In the 1981/1982 recession, the unemployment rate was 10.8% at its high. This one lasted 16 months. Interested rate was sky-high at ........(not sure how high it was).
In the 1990/1991 & 2001, the recessions were short-lived, about 6 months.
The present recession started in December 2007. Unemployment rate presently is at 6.7%.
I understand that interest rate is now at 0.5% and heading lower. It may go down to zero.
How much longer will this recession last? If you have any opinion, you are welcome to have your say.
Thanks.
In the 1973 to 1975 recession, the unemployment rate went up to 9%. This recession lasted 16 months.
In the 1981/1982 recession, the unemployment rate was 10.8% at its high. This one lasted 16 months. Interested rate was sky-high at ........(not sure how high it was).
In the 1990/1991 & 2001, the recessions were short-lived, about 6 months.
The present recession started in December 2007. Unemployment rate presently is at 6.7%.
I understand that interest rate is now at 0.5% and heading lower. It may go down to zero.
How much longer will this recession last? If you have any opinion, you are welcome to have your say.
Thanks.
Thursday, November 27, 2008
Wisdom Phrase
The block of granite that is an obstacle to the weak is a stepping stone in the path of the strong.
Tuesday, November 25, 2008
Over Night Policy Rate lowered by 25 basic points
Bank Negara has lowered the over night policy rate (OPR) from 3.5% to 3.25%. It has also lowered the statutory reserve requirement (SRR) from 4% to 3.5%. These actions are designed to inject some liquidity into the banking system. It will make borrowings a little bit cheaper at the expense of depositors. Those who have money in the banks should prepare themselves to get less interest for their deposits.
The banks pay 3 to 3.5% interest per annum presently. This is hardly enough to cover inflation. However, in the days ahead,inflation is likely to soften. This means foods and other necessities will become less expensive. Super markets are urged to bring prices down. Consumers should cut off all unnecessary expenses; waste must be avoided. When demands soften, the prices of goods will surely come down.
Stock markets all over the world have been badly battered by the bears. Even the most astute investors do not have the ability
to maintain their portfolio in the plus territory. In fact many have seen their market value slashed by as much as 40 to 60%. So rest assured that you are not alone in this calamity.
I have recommended that cash should be preserved for a better buying opportunity in my previous posting. However, if you can identify some good stocks to buy, by all means go ahead. We invest in the stock market for capital gains and dividend income. If you can indentify good dividend-yield stocks with sustainable earnings and dividend payouts, then you should put in some of your money to buy these stocks.
In the present scenario, it's best you forget about capital income in the short term. The market is most unlikely to make a V-bottom. At best, we will a round bottom.
At the recent summit meeting of 20 countries, the leaders are of the opinion that it will take 18 months to quell this financial meltdown. How the calculation comes to 18 months is anybody's guess. They have not provided any details. They say that in 18 months this financial meltdown will be overcome. Does this mean that the situation is supposed to become worst before it becomes better? They have not worked out a plan as to what each country should do. Plenty of talk and no well- thought out plan is hardly the stuff for success. I hope they will do better in the next meeting.
In the meantime, you should pay close attention to your charts. The downtrend has not shown any reliable buy signal yet.
Best wishes.
The banks pay 3 to 3.5% interest per annum presently. This is hardly enough to cover inflation. However, in the days ahead,inflation is likely to soften. This means foods and other necessities will become less expensive. Super markets are urged to bring prices down. Consumers should cut off all unnecessary expenses; waste must be avoided. When demands soften, the prices of goods will surely come down.
Stock markets all over the world have been badly battered by the bears. Even the most astute investors do not have the ability
to maintain their portfolio in the plus territory. In fact many have seen their market value slashed by as much as 40 to 60%. So rest assured that you are not alone in this calamity.
I have recommended that cash should be preserved for a better buying opportunity in my previous posting. However, if you can identify some good stocks to buy, by all means go ahead. We invest in the stock market for capital gains and dividend income. If you can indentify good dividend-yield stocks with sustainable earnings and dividend payouts, then you should put in some of your money to buy these stocks.
In the present scenario, it's best you forget about capital income in the short term. The market is most unlikely to make a V-bottom. At best, we will a round bottom.
At the recent summit meeting of 20 countries, the leaders are of the opinion that it will take 18 months to quell this financial meltdown. How the calculation comes to 18 months is anybody's guess. They have not provided any details. They say that in 18 months this financial meltdown will be overcome. Does this mean that the situation is supposed to become worst before it becomes better? They have not worked out a plan as to what each country should do. Plenty of talk and no well- thought out plan is hardly the stuff for success. I hope they will do better in the next meeting.
In the meantime, you should pay close attention to your charts. The downtrend has not shown any reliable buy signal yet.
Best wishes.
Saturday, November 22, 2008
Hold on to your cash
The Americans have overspent! They are now between the devils and the deep blue sea. What's going to happen next? So many countries are now in recession. Singapore has retrenched 500,000 Malaysians according to one Chinese newspaper. Where can these people go? Can you imagine the pain, agony and desperation for one to lose his job when his monthly installments for his house and car are already in arrears?
Pakistan, Ukraine, Argentina, Iceland, New Zealand, Australia, Hungary, Japan, Germany and England are all in financial crisis. The global financial meltdown has clearly shown that demand for everything has dwindled. Crude oil had tumbled from $147 to $50 per barrel. Palm oil dropped from RM4486 to RM1450 per metric ton. Landed properties are sure to follow the downward path.
Now is the time to be ultra-cautious with your money. All unnecessary expenses must be hived off. Cash will become more and more valuable. Not long from now, you are likely to have the opportunity to have some real-cheap buys, not only in the stock market but in real estates as well.
Some governments will cut interest rates to spur spending. This may work in the short term, but over time, the cure will be more deadly than the disease.
Obama is said to be in favor of an alternate fuel. If he is successful even to a certain extent, crude oil has no way to find its way back to its glorious days. Already demand for the product has dropped as reflected in its price. Brazil, Russia, India and China are said to be strong enough to weather the American crisis. This assumption may not hold water now. In the foreseeable future, deflation is sure to set in. The days when you are able to buy very much more than what is offered now may become a reality in the not too distant future.
Hold on to your cash. You will have a better tomorrow....... for your buying.
Cheers and Happy Waiting!
Pakistan, Ukraine, Argentina, Iceland, New Zealand, Australia, Hungary, Japan, Germany and England are all in financial crisis. The global financial meltdown has clearly shown that demand for everything has dwindled. Crude oil had tumbled from $147 to $50 per barrel. Palm oil dropped from RM4486 to RM1450 per metric ton. Landed properties are sure to follow the downward path.
Now is the time to be ultra-cautious with your money. All unnecessary expenses must be hived off. Cash will become more and more valuable. Not long from now, you are likely to have the opportunity to have some real-cheap buys, not only in the stock market but in real estates as well.
Some governments will cut interest rates to spur spending. This may work in the short term, but over time, the cure will be more deadly than the disease.
Obama is said to be in favor of an alternate fuel. If he is successful even to a certain extent, crude oil has no way to find its way back to its glorious days. Already demand for the product has dropped as reflected in its price. Brazil, Russia, India and China are said to be strong enough to weather the American crisis. This assumption may not hold water now. In the foreseeable future, deflation is sure to set in. The days when you are able to buy very much more than what is offered now may become a reality in the not too distant future.
Hold on to your cash. You will have a better tomorrow....... for your buying.
Cheers and Happy Waiting!
Friday, November 07, 2008
Thursday, November 06, 2008
Wisdom Phrase
It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.
Charles Darwin
Charles Darwin
Wednesday, November 05, 2008
Wisdom Phrase
You may be disappointed if you fail, but you are doomed if you don't try.
Beverly Sills
Beverly Sills
Tuesday, November 04, 2008
Monday, November 03, 2008
Wisdom Phrase
Personal development is your springboard to personal excellence.
Ongoing, continuous, non-stop personal development literally assures you that
there is no limit to what you can accomplish.
Brian Tracy
Ongoing, continuous, non-stop personal development literally assures you that
there is no limit to what you can accomplish.
Brian Tracy
Sunday, November 02, 2008
Wisdom Phrase
Successful and unsuccessful people do not vary greatly in their abilities.
They vary in their desires to reach their potential.
John Maxwell
They vary in their desires to reach their potential.
John Maxwell
Saturday, November 01, 2008
Wisdom
To be successful, you must decide exactly what you want to accomplish, then resolve to pay the price to get it.
Bunker Hunt
Bunker Hunt
Friday, October 31, 2008
Thursday, October 30, 2008
Wednesday, September 10, 2008
The Outflow is Worrying
According to HLeBroking, RM125 billion has left our country in the first half of 2008. In the whole of 2007, the total outflow was RM92.3 billion. This trend is worrying. The undesirable consequence is reflected in the downward trend of our blue chips.
Many of them are down a lot. A few examples are:
Many of them are down a lot. A few examples are:
- Bursa (14.01.08) High 16.30 (09.09.08) Close 6.60
- IOICorp (15.01.08) High 8.60 (09.09.08) Close 4.85
- Batu Kawan (24.08.08) High 13.10 (09.09.08) Close 7.85
- Tanjong (09.01.08) High 18.50 (09.09.08) Close 13.20
- Genting (11.07.08) High 8.05 (09.09.08) Closed 5.40
So what should we do now? Presently, the political situation of our country is in turmoil and, this is worsened by the irresponsible and racist remarks and action of some BN members. No thanks to Ahmad who started it all.
Our PM says that he is very displeased with Ahmad and that appropriate action will be taken against him. Let's wait and see how the later chapters unfold. Should 513 be replicated, the consequences can be devastating. It's the responsibility of everyone in the country to contribute to the harmony and integrity of our land.
Our PM says that he is very displeased with Ahmad and that appropriate action will be taken against him. Let's wait and see how the later chapters unfold. Should 513 be replicated, the consequences can be devastating. It's the responsibility of everyone in the country to contribute to the harmony and integrity of our land.
We are not squatters here. We are the rightful and legal citizens of Malaysia. We have helped built this country and we have defended it with our blood and sweat as well. Malaysia is for its citizens! Viva Malaysia!!!
Insiders know very much more than what we know. Your candlesticks are your guiding lights. So, it's best you watch your charts closely.
Cheers! and Good Luck.
Insiders know very much more than what we know. Your candlesticks are your guiding lights. So, it's best you watch your charts closely.
Cheers! and Good Luck.
Sunday, June 29, 2008
Sunday, June 08, 2008
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